Shenzhen Gongjin Electronics Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:43 am EDT
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Shenzhen Gongjin Electronics Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 6,237.362 million compared to CNY 6,037.889 million a year ago. Operating income was CNY 292.994 million compared to CNY 288.143 million a year ago. Net income was CNY 298.346 million compared to CNY 265.558 million a year ago. Basic earnings per share from continuing operations was CNY 0.38 compared to CNY 0.34 a year ago.
SHENZHEN GONGJIN ELECTRONICS CO.,LTD is a China-based company principally engaged in the manufacture of broadband communication terminals. The Company is primarily engaged in the research and development, manufacture and sales of broadband communication terminals to communication equipment suppliers. The Company primarily produces asymmetric digital subscriber line (ADSL) terminals, very high speed digital subscriber line (VDSL) terminals, optical access terminals, Wi-Fi terminals and 3G terminals, as well as other broadband communication terminals. The Company distributes its products within domestic market and to overseas market.